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T. ROWE PRICE AND OAK HILL ADVISORS LAUNCH MULTI-STRATEGY CREDIT INTERVAL FUND "OFLEX" FOR U.S. WEALTH CLIENTS
Multi-strategy credit interval fund offers public and private market credit exposure with a flexible approach that can adapt to changing market
About this update from T. Rowe Price Group, Inc.
[{"type":"text","content":"Multi-strategy credit interval fund offers public and private market credit exposure with a flexible approach that can adapt to changing market conditionsOFLEX marks the continued partnership of T. Rowe Price and Oak Hill Advisors as they expand their alternative investment capabilities globallyNEW YORK, March 19, 2026 /PRNewswire/ -- T. Rowe Price and Oak Hill Advisors ('OHA') today announced the launch of the T. Rowe Price OHA Flexible Credit Income Fund ('OFLEX' or 'the Fund'), a multi-strategy credit interval fund that can invest across the credit spectrum in both private and public markets.\n \n \n \n \n \n \n \nThe Fund seeks to reach a broad range of investors as a publicly offered interval fund, expanding access to OHA's range of alternative credit strategies. As an interval fund, OFLEX will be available for purchase on a daily basis via ticker-trading and will conduct quarterly repurchase offers of at least 5% of outstanding shares at Net Asset Value ('NAV').OFLEX is a multi-strategy investment approach that provides a single point of entry into the broad alternative credit universe, with the flexibility to invest in private and public credit markets, including direct lending, junior capital solutions, asset-based lending, collateralized loan obligations (CLOs), liquid credit, and special situations. The Fund's \"all weather1\" strategy allows the investment team to seek opportunities through different market environments in areas that may offer attractive risk/return profiles during periods of market volatility, making the Fund an option to complement investors' existing portfolio allocations.\"Multi‑strategy credit investing has been core to OHA's DNA since inception,\" said Glenn August, Founder & Chief Executive Officer of OHA. \"OFLEX is built to seek to capitalize on our best ideas across the OHA platform, applying a consistent investment process and a rigorous focus on risk management as we pursue stable, income‑generating investments across both liquid and private credit markets.\"\"In today's evolving market environment, clients are asking for investment solutions that can help manage risk and provide consistent income. Interval funds offer a unique combination of flexibility and access to private and public credit markets, helping investors pursue their long-term financial goals,\" said Dee Sawyer, Head of Glo...